2023.1

Released on February 13, 2023

Welcome to the initial release of PowerFAIDS Cloud! We’re excited to bring you the next generation of this powerful software, combining the foundational functionality that keeps your office compliant with many new or enhanced features designed to maximize efficiency and student engagement.

Enhancements

Experience a new student-centric approach to financial aid

PowerFAIDS Cloud is designed with the student in mind and allows you to see a student's whole path at once. Serve your students efficiently by easily switching between their aid packages for multiple years within the same screen or by uploading both lifetime and award year specific requirements (formerly documents). Files that are attached to these student requirements are stored directly within the student record.

Customize the entire system to meet your institution’s needs

PowerFAIDS Cloud puts the power of processing and data in your hands. Build an unlimited number of custom data fields that can be integrated directly into various areas of the student record, create custom processing templates, and design reporting that works for you without the need for IT staff involvement.

Additional enhancements

  • Web-based application: you can now access PowerFAIDS from any device with a web browser.

  • Improved user interface: the PowerFAIDS application interface has been modernized and can now be viewed in full screen. Several core features have also been significantly enhanced, such as a drag and drop enabled selection set builder, and a visual process flow approach to creating custom processes (formerly algorithms).

  • Integrated and dynamic support resources: as you navigate PowerFAIDS you can access help at the individual field level, as well as view contextual help articles relevant to any feature you’re working in. You can also submit a support request without leaving the application using a dynamic request form.

Known Issues

  • Student module: The Dependency Model and Calculated SAI displayed on the header of the ISIR pages does not update after updating fields that impact these values. Use the application Refresh option to refresh the data displayed on the ISIR header.

See all current Known Issues